BusinessWorld E-paper
November 8, 2024
THE ASIAN Development Bank (ADB) approved a loan of up to $1.7 billion for the Laguna Lakeshore Road Network (LLRN) Project, which is expected to shorten travel time between Taguig City and Calamba, Laguna by 25%.
In a statement on Thursday, the multilateral lender said it approved the financing to support the construction of the “climate resilient” 37.5-kilometer (km) expressway along the Philippines’ biggest lake.
